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“In 2026 there is no more leeway, everything has to be fulfilled.”

“In 2026, there will be no more leeway […], everything must be completed,” warned the Minister of Economy and Territorial Cohesion, Castro Almeida.

The minister, speaking at a joint hearing with the Committees on Agriculture and Budget and Finance, already announced that this is a “particularly important” week for European funds.

This Friday, the government will present what the minister described as a reassessment of the PRR, a “last opportunity for adjustments.”

In this context, appropriations and investment amounts will be adjusted based on execution capacity.

The reforms remain unchanged, but there will be changes in investments, specified Castro Almeida.

The minister also stated that 10 targets from the ninth payment request will be brought forward to the eighth, providing no additional details.

“When the investment was impossible to execute on time, we dropped it. When necessary, we altered the target to reduce ambition,” he recalled.

Lusa contacted the Ministry of Economy for more details regarding the new changes to the PRR and is awaiting a response.

The PRR, with an execution period until 2026, aims to implement a set of reforms and investments to aid economic growth recovery.

Beyond repairing the damage caused by COVID-19, this plan aims to support investments and generate employment.

Earlier this week, the government also presented a proposal to reprogram Portugal 2030.

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